Tax regime for cryptoassets: Italian Tax Authorities” new circular letter out now
Written by Alessandro Dagnino, Alessandro Borsetto and Enricagiulia Brai On October 27th, 2023, the Italian Tax Authorities issued Circular Letter no. 30/2023 (referred to as the “Circular”), providing clarifications on the tax treatment of cryptoassets [...]
New Italian Legislation on the Communication of the Beneficial Owner to the Companies Register
– Written by Elmira Shahbazi and Hillary Giombetti The Ministry of Enterprises and Made in Italy (MIMIT) issued a decree on September 29th, 2023, published in Official Gazette No. 236 on October 9th, 2023, implementing a system for [...]
The “Asset Decree”: important innovations in the energy sector
– Alert by Pinella Altiero, Marco Muscettola, Alessia Francesca Sblendido On October 3rd, 2023, the Decree-Law of August 10th, 2023, no. 104 (the “Asset Decree”) was converted into law. The Asset Decree provides some important innovations in [...]
The Credit Servicing Directive: Promoting the EU Market for NPLs
– Written by Angelo Messore and Anna Travanini Directive (EU) 2022/2167 (the “Credit Servicing Directive”) introduced a common framework for the management and disposal of non-performing loans (“NPLs”). The Directive provides for new authorisation obligations for [...]
Lexia With Neulabs in the acquisition of Pentra
Milan, 13 October 2023 – Lexia assisted Neulabs S.r.l., an innovative platform specializing in the purchase, creation, and development of direct-to-consumer (D2C) brands on an international level, in the acquisition of Pentra GmbH. Pentra GmbH [...]
Asset Decree: news on foreign investment programs in Italy
– Alert di Pinella Altiero, Marco Muscettola, Alessia Francesca Sblendido On October 3rd, 2023, the Decree-law no. 104 of August 10th, 2023 (the “Asset Decree”), was converted into law. The Asset Decree provides the appointment by the [...]
The Regulation of Automated Market Making (AMM) Protocols under EU Law
– Written by Angelo Messore, Francesco Dagnino and Carlo Giuliano Decentralized Finance (“DeFi”) seeks to transform the financial industry by granting customers access to financial services with no need to involve financial institutions. DeFi protocols replicate established [...]
ELTIF 2 is coming: opportunities for asset managers
- Written by Angelo Messore and Federico Bonardi. The new European Long-Term Investment Funds Regulation (EU) No. 2023/606 (“ELTIF 2”) will become applicable on 10 January 2024. The Regulation introduces a more flexible framework for [...]
LEXIA at The UIA Union Internationale des Avocats Seminar in Luxembourg
LEXIA will take part in the upcoming UIA Union Internationale des Avocats Seminar in Luxembourg, set to take place on October 12-13, 2023. This event promises to be a powerhouse of legal insights, discussions, and [...]
Lexia assists Xconnect Trading Limited in CONSOB authorization
Milan, 03 July 2023 - Lexia assisted Xconnect Trading Limited, a British investment company specializing in securities and derivatives trading, on its authorisation by the Italian Securities and Exchange Commission (CONSOB) to provide investment services [...]